Property Rights: From Magna Carta to the Fourteenth Amendment breaks new ground in our understanding of the genesis of property rights in the United States. According to the standard interpretation, echoed by as lofty an authority as Supreme Court Justice Harry Blackmun, the courts did little in the way of protecting property rights in the early years of our nation. Not only does Siegan find this accepted teaching erroneous, but he finds post-Colonial jurisprudence to be firmly rooted in English common law and the writings of its most revered interpreters. Siegan conducts an exhaustive examination of property rights cases decided by state courts between the time of the ratification of the U.S. Constitution in 1788 and the adoption of the Fourteenth Amendment in 1868. This inventory, which in its sweep captures scores of cases overlooked by previous commentators on the history of property rights, reveals that the protection of these rights is neither a relatively new phenomenon nor a heritage with precarious pedigree. These court cases, as well as early state constitutions, consistently and repeatedly embraced key elements of a property rights jurisprudence, such as protection of the privileges and immunities of citizens, due process of law, equal protection under the law, and prohibitions on the taking of property without just compensation. Case law provides overwhelming evidence that the American legal system, from its inception, has held property rights and their protection in the highest regard.The American Revolution, Siegan reminds us, was fought largely to affirm and protect private property rights-that is, to uphold the "rights of Englishmen"-even if it meant that the colonists would cease being Englishmen. John Locke and other great theoreticians of property rights understood their importance, not only to individuals who happened to possess property, but to the preservation of a free society and to the prosperity of its inhabitants. Siegan's contribution to this venerable tradition lies in his faithful reconstruction of our legal history, which allows us to see just how central property rights have been to the American experiment in liberty-from the very beginning.
In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. (An introductory chapter introduces the handful of assumptions embedded in the text's ...
Considers all of the primary limitations on government regulations of property - Takings; Due Process; Contracts Clause; Equal Protection; the Vested Rights Doctrine; Anti-Retroactivity Presumptions; Internal Limits on the Police Power ...
Chip Mellor , then president of PRI , encouraged me to work with him on that conference and to undertake further research of my own on Indian economies . I therefore owe him a debt of gratitude for his encouragement .
This book considers the interplay of law, ideology, politics and economic change in shaping constitutional thought, and provides a historical perspective on the contemporary debate about property rights.
They also resorted to what Haber et. al (2003) call “vertical political integration,” a mechanism for generating credible commitments in environments with weak or partial institutions. El Águila, for instance, incorporated in Mexico and ...
This book is the first systematic attempt to assess key constitutional developments in the land use field during the last decade in state and federal supreme courts.
Private Property Rights: On the state of the law in the taking of private property rights by the government and...
Which matters more--spotted owls or the right to cut timber on your own land?
SMC = social marginal cost ; PMC = private marginal cost ; SMB = social marginal benefit ; PMB = private marginal ... the farmer was unable to realize all the benefits from his land because marauding animals were extracting some of them ...
Never . . . since I've been on this Board.”88 Citizens who continued to express doubts were shushed, or ignored outright: [l]n the exchange between Mayor Briare and a Mrs. Clark . . . Mrs. Clark seeks to learn if ...